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Could Airtel finally acquire Access Kenya?
Surealligator
#1 Posted : Wednesday, January 26, 2011 12:58:39 PM
Rank: User

Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Kai Uwe Wulff thinks Bharti will buy out Access Kenya. I argue that for that to happen, shareholders must approve the same. There would also be a process that can take six months or more and on a worst scenario backfire and burn everyone as Safcom would have raided Access Kenya's turf especially on corporate clients.


Otherwise, as things stand out now, Access Kenya is minced meat.


Any word out there on the acquisition?


By the way, he has left KDN for Altec Stream East Africa. I understand he was against diversion of funds (by the largest shareholder) for personal use while books indicated the same as company expenditure.


So if you are still holding on to some specific shares, woe onto you unless you are comfortable speculating.


A question he posed to me was, 'A 14" Yana tyre goes for 8,000 Ksh while other imported tyres go for 4,500 Ksh. Ppl still buy Yana as more cars hit the road. How comes Sameer never makes astronomical profits even when sales are good?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
muganda
#2 Posted : Wednesday, January 26, 2011 1:05:29 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@Surealligator, sure sure?
Good move for Access knowing they'd been reported to be looking for a suitor ages ago.

But is it just a personal opinion or he's heard something definite?

Official position is always so...
http://www.cio.co.ke/Mai...q-says-accesskenya.html
KenyanLyrics
#3 Posted : Wednesday, January 26, 2011 2:01:14 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
This is quite a misleading headline. Anyway, if it were true, this would be a big blunder, akin to when Access themselves bought OpenView systems for 200m
Wa_ithaka
#4 Posted : Wednesday, January 26, 2011 2:11:01 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Surealligator - Wasa kutafuta safe exit for your folly in buying AccessK at Ksh18
The Governor of Nyeri - 2017
Cde Monomotapa
#5 Posted : Wednesday, January 26, 2011 2:43:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
KenyanLyrics wrote:
This is quite a misleading headline. Anyway, if it were true, this would be a big blunder, akin to when Access themselves bought OpenView systems for 200m

indeed misleading.
mlennyma
#6 Posted : Wednesday, January 26, 2011 2:47:22 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Keep some of this dreams to yourself.
"Don't let the fear of losing be greater than the excitement of winning."
KulaRaha
#7 Posted : Wednesday, January 26, 2011 3:02:34 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Buying access is like buying AOL...useless
Business opportunities are like buses,there's always another one coming
Sufficiently Philanga....thropic
#8 Posted : Wednesday, January 26, 2011 3:13:47 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
With all due respect, i wish you had thought about the headline first!
@SufficientlyP
muganda
#9 Posted : Wednesday, January 26, 2011 4:59:23 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
When I was a young man, it was so difficult to read the fairer folk. Does she like me? Am I good company? Aaaaah just too toooo slow!

I always hated being slow, but I digress.
@surealligator I want to take a moment to thank you for Kai Wulff's sentiments - heck, who knows, time will tell Applause

And that's why I love Wazua.
Wendz
#10 Posted : Wednesday, January 26, 2011 5:22:25 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Surealligator wrote:
Kai Uwe Wulff thinks Bharti will buy out Access Kenya. I argue that for that to happen, shareholders must approve the same. There would also be a process that can take six months or more and on a worst scenario backfire and burn everyone as Safcom would have raided Access Kenya's turf especially on corporate clients.


Otherwise, as things stand out now, Access Kenya is minced meat.


Any word out there on the acquisition?


By the way, he has left KDN for Altec Stream East Africa. I understand he was against diversion of funds (by the largest shareholder) for personal use while books indicated the same as company expenditure.


So if you are still holding on to some specific shares, woe onto you unless you are comfortable speculating.


A question he posed to me was, 'A 14" Yana tyre goes for 8,000 Ksh while other imported tyres go for 4,500 Ksh. Ppl still buy Yana as more cars hit the road. How comes Sameer never makes astronomical profits even when sales are good?



This would be the best news for AK.... knowing mergers and acquisitions, its the best thing that could happen to AK...
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